Iron Mountain (IRM) Interest Coverage Ratio (2009 - 2026)
Iron Mountain (IRM) posted Interest Coverage Ratio of 1.16 for Q1 2026, down 27.09% sequentially from 1.59 in Q4 2025, and up 21.51% YoY from 0.95 in Q1 2025.
Iron Mountain (IRM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Iron Mountain has reported Interest Coverage Ratio for 18 years, with the latest figure at 1.16 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 21.51% year-over-year to 1.16 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.34 (changed 0.27% YoY) and the FY2025 annual result came in at 1.4, up 7.13% from the prior year.
- Interest Coverage Ratio slipped to 1.16 in Q1 2026 per IRM's latest filing, from 1.59 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 6.05 in Q2 2022 and troughed at 0.89 in Q1 2024.
- A 5-year average of 2.09 and a median of 1.35 in 2024 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio jumped 104.17% in 2022, then tumbled 59.95% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 3.46 in 2022, then soared by 58.34% to 5.47 in 2023, then tumbled by 59.16% to 2.23 in 2024, then retreated by 29.03% to 1.59 in 2025, then slipped by 27.09% to 1.16 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.16, 1.59, and 1.47 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.86 Bn | 102.64 Bn | 1.40 Bn | 4.40 |
| 2 | American Tower | 82.46 Bn | 80.69 Bn | 2.72 Bn | 3.58 |
| 3 | Digital Realty Trust | 67.79 Bn | 65.92 Bn | - | 4.10 |
| 4 | Iron Mountain | 36.43 Bn | 36.23 Bn | 1.07 Bn | - |
| 5 | Crown Castle | 32.73 Bn | 31.69 Bn | 989.00 Mn | 2.26 |
| 6 | Sba Communications | 19.38 Bn | 19.38 Bn | 539.27 Mn | - |
| 7 | Weyerhaeuser | 17.74 Bn | 17.21 Bn | 311.00 Mn | 3.38 |
| 8 | Lamar Advertising | 15.21 Bn | 15.14 Bn | 422.53 Mn | 5.06 |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | 3.30 |
| 10 | Rayonier | 6.40 Bn | 5.98 Bn | 75.67 Mn | 2.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 |
| Mar 31, 2026 | 1.16 |
| Dec 31, 2025 | 1.59 |
| Sep 30, 2025 | 1.47 |
| Jun 30, 2025 | 1.27 |
| Mar 31, 2025 | 0.95 |
| Dec 31, 2024 | 2.23 |
| Sep 30, 2024 | 1.35 |
| Jun 30, 2024 | 1.30 |
| Mar 31, 2024 | 0.89 |
| Dec 31, 2023 | 5.47 |
| Sep 30, 2023 | 1.19 |
| Jun 30, 2023 | 3.26 |
| Mar 31, 2023 | 1.17 |
| Dec 31, 2022 | 3.46 |
| Sep 30, 2022 | 1.56 |
| Jun 30, 2022 | 6.05 |
| Mar 31, 2022 | 1.24 |
| Dec 31, 2021 | -82.94 |
| Sep 30, 2021 | 1.02 |